Whether you’re just starting your journey in real estate or a seasoned veteran, you’ll want to continue reading for some valuable tips to help you control your money and not let your money control you! Planning around commissions Its feast or famine for a lot of agents starting out. Or, if you’ve been around for […]
Budgeting For Real Estate Professionals Read More »
Going through an IRS Audit can be a big deal if you’re not prepared. But with today’s technology, we’re going to show you an easy way to make sure you have all the documentation you need to prove your business expenses. I’m not saying that all audits are the same, but most of the
Audit Proof Your Business with Evernote Read More »
Whether you’re budgeting for your business, organization, or a department you’re in charge of, it can be a daunting task! But believe it or not, the nuts of bolts of how to create, manage, and execute a budget is the easy part. Most often, the challenge is to train ourselves how to treat the funds
Budgeting: Reactive or Proactive? Read More »
Health Care Reform is here! We’ve invited a special guest to discuss what to expect. The rest of this post is written by John Heaton of JMH Insurance Solutions. This is a MUST read for any small business, especially if you are in California! It is finally here. We are three weeks into open enrollment.
Guest Post: Health Care Reform is Finally Here Read More »
Today, I received a news alert from the IRS. I thought I would share as it’s chalked full of useful information. Here are some tips from the IRS on tax recordkeeping. • You should keep copies of your filed tax returns as part of your tax records. They can help you prepare future tax returns. You’ll
IRS and Record Keeping Read More »
Although the 2012 tax season is officially over, tax scams unfortunately are not, which is why the IRS issues an annual “Dirty Dozen” list that includes common tax scams affecting taxpayers. Taxpayers should be aware of these tax scams so they can protect themselves against claims that sound too good to be true, and because
Don’t Be Fooled: The Dirty Dozen Tax Scams for 2013 Read More »
If you have income that is not subject to withholding you may need to pay estimated taxes to the IRS during the year. Whether you need to pay estimated taxes is dependent upon your financial circumstances, what you do for a living (if you’re self-employed for example), and the types of income you receive. Here
Six Tips for People Who Pay Estimated Taxes Read More »
If you employ someone to work for you around your house, it is important to consider the tax implications of this arrangement. While many people disregard the need to pay taxes on household employees, they do so at the risk of paying stiff tax penalties down the road. As you will see, the rules for
Paying Taxes on Household Helpers Read More »
What should you do if you already filed your federal tax return and then discover a mistake? First of all, don’t worry. In most cases all you have to do is file an amended tax return. But before you do that, here are 10 facts you should be aware of when filing an amended tax
Ten Facts on Filing an Amended Tax Return Read More »
Filing a past due return may not be as difficult as you think. Taxpayers should file all tax returns that are due, regardless of whether full payment can be made with the return. Depending on an individual’s circumstances, a taxpayer filing late may qualify for a payment plan. It is important, however, to know that
What to Do If You Haven’t Filed an Income Tax Return Read More »